Best’s Market Segment Report: Underwriting Conditions for UAE Insurers on Track to Improve Amid IFRS 17 Transition

LONDON--(BUSINESS WIRE)-- #insurance--Measures put in place by the United Arab Emirates (UAE) insurance regulator, the Central Bank of the UAE, during 2023 and in early 2024 should ameliorate the relatively poor performance of personal lines insurance and support premium growth in the country, according to a new report from AM Best. The Best’s Market Segment Report, “Underwriting Conditions for UAE Insurers on Track to Improve Amid IFRS 17 Transition,” notes that continued regulatory intervention was import